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Global Neutral Balanced
|
NAVPS (10-11-2024) |
$11.10 |
|---|---|
| Change |
$0.05
(0.45%)
|
As at September 30, 2024
As at August 31, 2024
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Inception Return (July 17, 2023): 9.85%
| Row Heading | Return | Annualized Return | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Mth | 3 Mth | 6 Mth | YTD | 1 Yr | 2 Yr | 3 Yr | 4 Yr | 5 Yr | 6 Yr | 7 Yr | 8 Yr | 9 Yr | 10 Yr | |
| Fund | 2.16% | 6.20% | 8.10% | 10.10% | 20.00% | - | - | - | - | - | - | - | - | - |
| Benchmark | 2.25% | 5.52% | 7.56% | 13.77% | 22.16% | 16.11% | 4.86% | 5.75% | 6.55% | 6.63% | 6.88% | 6.53% | 6.81% | 7.54% |
| Category Average | 1.80% | 6.15% | 6.15% | 10.92% | 18.92% | 12.72% | 3.80% | 5.79% | 5.42% | 5.29% | 5.18% | 5.15% | 5.35% | 5.04% |
| Category Rank | 363 / 1,737 | 213 / 1,736 | 77 / 1,705 | 1,249 / 1,705 | 675 / 1,681 | - | - | - | - | - | - | - | - | - |
| Quartile Ranking | 1 | 1 | 1 | 3 | 2 | - | - | - | - | - | - | - | - | - |
| Return % | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -0.78% | 5.38% | 4.25% | -1.38% | 0.94% | 2.32% | -1.09% | 3.61% | -0.68% | 3.47% | 0.47% | 2.16% |
| Benchmark | 0.21% | 5.00% | 2.05% | 0.78% | 3.10% | 1.80% | -1.57% | 1.73% | 1.79% | 3.28% | -0.07% | 2.25% |
5.38% (November 2023)
-5.05% (September 2023)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | - | - | - | - |
| Benchmark | 12.44% | 17.05% | 2.39% | 8.66% | 2.68% | 12.26% | 11.12% | 6.48% | -11.62% | 11.69% |
| Category Average | 7.77% | 2.99% | 5.05% | 7.69% | -3.99% | 13.52% | 7.16% | 9.69% | -11.26% | 9.53% |
| Quartile Ranking | - | - | - | - | - | - | - | - | - | - |
| Category Rank | - | - | - | - | - | - | - | - | - | - |
-
-
| Name | Percent |
|---|---|
| US Equity | 24.28 |
| International Equity | 17.54 |
| Foreign Corporate Bonds | 11.15 |
| Cash and Equivalents | 7.90 |
| Foreign Government Bonds | 7.02 |
| Other | 32.11 |
| Name | Percent |
|---|---|
| Fixed Income | 32.13 |
| Mutual Fund | 12.64 |
| Utilities | 10.63 |
| Technology | 8.99 |
| Cash and Cash Equivalent | 7.90 |
| Other | 27.71 |
| Name | Percent |
|---|---|
| North America | 76.68 |
| Europe | 16.59 |
| Asia | 5.60 |
| Latin America | 0.78 |
| Multi-National | 0.14 |
| Other | 0.21 |
| Name | Percent |
|---|---|
| NEI Global Impact Bond Fund I | 24.05 |
| NEI Environmental Leaders Fund Series I | 19.44 |
| NEI Global Corporate Leaders Fund I | 12.64 |
| NEI Canadian Impact Bond Fund I | 11.50 |
| NEI Clean Infrastructure Fund I | 9.77 |
| NEI Global Dividend RS Fund Series I | 8.53 |
| Invesco ESG NASDAQ 100 Index ETF (QQCE) | 3.69 |
| iShares USD Green Bond ETF | 3.31 |
| Canadian Dollar | 2.59 |
| Invesco S&P 500 ESG Index ETF (ESG) | 2.33 |
| Standard Deviation | - | - | - |
|---|---|---|---|
| Beta | - | - | - |
| Alpha | - | - | - |
| Rsquared | - | - | - |
| Sharpe | - | - | - |
| Sortino | - | - | - |
| Treynor | - | - | - |
| Tax Efficiency | - | - | - |
| Volatility | - | - | - |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 7.98% | - | - | - |
| Beta | 1.00% | - | - | - |
| Alpha | -0.02% | - | - | - |
| Rsquared | 0.56% | - | - | - |
| Sharpe | 1.75% | - | - | - |
| Sortino | 6.19% | - | - | - |
| Treynor | 0.14% | - | - | - |
| Tax Efficiency | - | - | - | - |
| Start Date | July 17, 2023 |
|---|---|
| Instrument Type | Mutual Fund (Responsible Investment) |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Annual |
| Assets ($mil) | $14 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| NWT17003 |
The Fund’s investment objective is to provide a balance between generating income and long-term capital growth through exposure to foreign and Canadian equity securities and exposure to foreign and Canadian fixed income and money market instruments while primarily focussing on positive environmental and/or social impact.
The Portfolio Manager uses strategic asset allocation as the principal investment strategy. The Portfolio Manager fulfills the Fund’s investment mandate primarily by selecting underlying funds that seek to provide positive and measurable environmental and/or social impact, in addition to investment returns.
| Name | Start Date |
|---|---|
| John Bai | 06-19-2023 |
| Adelaide Chiu | 06-19-2023 |
| Judith Chan | 06-19-2023 |
| William Benton | 06-19-2023 |
| Fund Manager | Northwest & Ethical Investments L.P. |
|---|---|
| Advisor | Northwest & Ethical Investments L.P. |
| Custodian | - |
| Registrar | - |
| Distributor | - |
| Auditor | - |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 500 |
| PAC Subsequent | 25 |
| SWP Allowed | Yes |
| SWP Min Balance | 500 |
| SWP Min Withdrawal | - |
| MER | 2.09% |
|---|---|
| Management Fee | 1.65% |
| Load | Back Fee Only |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | 1.00% |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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